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newsApr 22, 20261:09

Swift Brothers: Diesel Prices Squeeze Local Business

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Swift Brothers, a heating and air company, is grappling with skyrocketing diesel prices due to the Iran conflict, causing a significant increase in their operational costs. With hundreds of vehicles in their fleet, theyre now paying up to $150 or more to fill up each service truck, up from about $90 before. The company is currently absorbing the extra costs to maintain their customer service, but the financial strain is mounting, and prices may soon trickle into customer bills. Nationally, gas averages over $4 a gallon, with diesel at $5.60 in North Carolina, adding to the pressure on businesses like Swift Brothers.

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Swift Brothers: Diesel Prices Squeeze Local Business

Durham News Today | 2 Min News | The Daily News Now!

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Durham News Today | 2 Min News | The Daily News Now!Swift Brothers: Diesel Prices Squeeze Local Business. Machine-transcribed; use the interactive transcript above to jump the player to any line.

Local businesses are getting hammered by diesel prices spiking from the war on Iran. Take Swift Brothers, a heating and air company, they're now paying $150 or more to fill up each service truck up from about $90 before. These rigs often need fuel once a day. With hundreds of vehicles in their fleet, this wasn't in the budget when the year started. Hot weather in the 80s and 90s has cranked up repair and install calls, and they expect even more as summer hits full stride. The operations director, Rich Stanley, says they're explaining the squeeze to customers while still showing up to fix things right. For now, the company is eating the extra costs to keep folks cool, but that goodwill has limits. Stanley admits prices might creep into customer bills if diesel stays this high much longer. Triple A reports national gas averaging just over $4 a gallon, $3.75 in North Carolina, and diesel at $5.60 stay wide.

Businesses like Swift Brothers are holding tight, but the pressure is building fast. From your city, powered by AI, this is Durham News Today.

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